Honeywell International Inc. (NASDAQ:HON) Shares Bought by Birch Hill Investment Advisors LLC

Birch Hill Investment Advisors LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 161.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,902 shares of the conglomerate’s stock after purchasing an additional 1,792 shares during the period. Birch Hill Investment Advisors LLC’s holdings in Honeywell International were worth $656,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Baldwin Wealth Partners LLC MA lifted its holdings in shares of Honeywell International by 4.0% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after purchasing an additional 2,611 shares during the last quarter. Costello Asset Management INC acquired a new stake in Honeywell International during the 4th quarter worth about $3,092,000. RIA Advisory Group LLC purchased a new stake in Honeywell International in the 3rd quarter worth approximately $6,124,000. Copley Financial Group Inc. acquired a new position in Honeywell International in the 3rd quarter worth about $454,000. Finally, Sargent Investment Group LLC raised its position in Honeywell International by 268.6% during the fourth quarter. Sargent Investment Group LLC now owns 5,602 shares of the conglomerate’s stock valued at $1,227,000 after acquiring an additional 4,082 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Down 2.0 %

Shares of NASDAQ HON opened at $205.52 on Friday. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.12 and a current ratio of 1.31. The business has a fifty day moving average of $224.52 and a two-hundred day moving average of $215.11. The stock has a market cap of $133.64 billion, a PE ratio of 23.60, a PEG ratio of 2.55 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. As a group, equities research analysts expect that Honeywell International Inc. will post 10.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on HON shares. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft raised Honeywell International from a “hold” rating to a “buy” rating and raised their price objective for the company from $236.00 to $260.00 in a research note on Friday. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a research report on Wednesday, December 11th. Wells Fargo & Company reduced their price objective on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a research note on Friday. Finally, Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $223.00 to $217.00 in a report on Friday, October 25th. Ten research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.86.

Honeywell International Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.